TEHRAN, April 03 - A massive $32 billion bailout package for India’s dominant state-run bank s will not happen again and lenders will have to find their own funding by selling non-core assets and merging with each other, a senior government official said on Monday.
TEHRAN, March 22 - US Federal Reserve’s governing council, led by new chair Jerome Powell, voted to raise the cost of borrowing from 1.5 per cent to 1.75 per cent
TEHRAN, March 6 - The US Supreme Court has turned down Bank Melli Iran’s appeal against American claims to millions of dollars of the state-owned lender’s frozen assets held abroad.
TEHRAN, February 20 - Singapore said on Tuesday it had agreed to a request from Britain not to carry out corporal punishment on a suspected bank robber if he is extradited to face charges in the city-state.
TEHRAN, February 16 - Unknown hackers stole 339.5 million roubles ($6 million/ £4.3 million) from a Russian bank last year in an attack using the SWIFT international payments messaging system, the Russian central bank said on Friday.
TEHRAN, February 11 - Central Bank of Iran has established 818 brokerage relationships with 284 foreign bank s, the bank ’s public relations said in a statement.
TEHRAN, January 31 -Bank of Japan Governor Haruhiko Kuroda said on Wednesday companies offering cryptocurrency services must have ample security steps in place.
TEHRAN, January 2 - Iranian Minister of Economy Masoud Karbasian said a credit line opened for Iran by Russian Exim bank does not have any limitation and the potential can be used for barter and exports.
TEHRAN, December 26 - Iran and Russia signed an agreement which provide “unlimited funds” for development projects to be carried out by domestic and international contractors in the Islamic Republic.
TEHRAN, October 31 -The Bank of Japan kept monetary policy steady and roughly maintained its ambitious price forecasts on Tuesday, pointing to signs of growing strength in the economy that policymakers hope will accelerate inflation toward its elusive 2 percent target.
TEHRAN, October 19 -China’s central bank chief on Thursday issued a stark warning about asset bubbles in the world’s second-largest economy, which looks set to clock its first acceleration in annual growth since 2010, driven by public spending and record bank lending.
TEHRAN, October 14 - China’s economy this year has shown signs of stabilizing and growing more strongly, and the momentum may continue in the second half, the central bank governor said on Saturday.
TEHRAN, September 30 -The US Treasury Department has announced tighter financial sanctions on Russian bank s and energy companies because of what Washington calls Moscow's continued interference in Ukraine.
TEHRAN, September 25 - France’s state investment bank Bpifrance (BPI) says it plans to provide funds to French companies that invest in the Iranian economy from next year thus becoming the third European bank to do so after similar moves were announced last week by bank s from Austria and Denmark.
TEHRAN, September 12 - China’s biggest bank s have suspended financial transactions for North Korean clients after the UN Security Council imposed a new round of sanctions against Pyongyang.
TEHRAN, June 26, YJC - The Italian government said it has released €5.2 billion in emergency funding to rescue two failing bank s - Banca Popolare di Vicenza and Veneto Banca.
TEHRAN, May 9, YJC - A number of major bank s operating in London are planning to move some 9,000 jobs out of the UK as the country prepares to leave the European Union, a new report has revealed.
TEHRAN, May 2, YJC - German officials say the Middle East Bank of Iran has received a license to open a branch in the country’s state of Bavaria which hosts a wide range of big industrial names.